The Global Clearing Solution

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CME Group has created a best-in-class global clearing solution covering 24 currencies of interest rate swaps, including all mandated currencies under both EMIR and Dodd Frank, as well as market-leading suite of emerging market swaps. The breadth of our product offering, and jurisdictional approvals, means CME Group continues to be the leading global clearing solution.

CME Group’s offering, at a glance, includes 24 IRS currencies, more than $170 trillion cleared and used by more than 500 customers in 2018.

More than 50 European banks and buyside customers have chosen to clear at CME in 2018, see why.

24 Currencies for IRS*

Backed by the strength of CME Group’s $6 trillion a day interest rate complex, our portfolio margining allows you to capitalise on the margin efficiencies of 24 currencies of IRS against USD swaptions, Eurodollar futures, MAC Swap futures, Treasury futures and Fed Fund futures. This offering is supported by 15 FCMs and utilised by over 696 accounts, delivering on average $2.87bn of savings in 2019.

Flexible Collateral

We accept an extensive range of collateral for initial margin to match our global customer base:

  • Cash in 18 currencies
  • IEF2
  • IEF4
  • IEF5
  • U.S. Treasuries
  • U.S. Agencies and MBS
  • Government debt from nine countries

Regulatory Standing

Our regulatory standing in multiple jurisdictions enables you to fulfil your local clearing obligations with CME in multiple locations including: the U.S., Europe, Canada*, Mexico, Australia, Singapore, Hong Kong and Japan.

*Quebec, Ontario and Alberta

Time Zones versus Opening Hours

CME products clear 24 hours a day, five days a week, regardless of your time zone. Round-the-clock clearing allows you to clear in real-time, wherever you are.

CME requires no pre-funding or intra-day margin in BAU.

Global Offering

We have a history of innovation and continue to deliver product enhancements in line with customer demand. Following the successful launch of Chilean Peso, Colombian Peso and Chinese Yuan, we have reinforced our position as a truly global clearing house with the broadest product offering of any CCP.

Growing Global Ecosystem

The CME ecosystem of both liquidity providers and buy-side end user customers is truly global and continues to grow.

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